natural gas
On-peak day-ahead electricity prices in the U.S. were down 27 to 35% in 2015 due to cheap natural gas, FERC staff said in its State of the Markets report.
The Monitor reported that the PJM energy, capacity, regulation, synchronized reserve and FTR markets were all competitive in the 2015 State of the Market.
Low load growth and the shift from coal to natural gas mean a need for fewer baseline transmission projects, PJM said in its 2015 RTEP.
With its window for limited tree felling closing in four weeks, Constitution Pipeline is again asking FERC for permission to allow the operation in New York.
Dominion Resources blamed December’s “extremely mild weather” for a 15% drop in its fourth-quarter earnings.
FERC called for an investigation into four interstate natural gas pipelines that it believes might be charging shippers in PJM, ISO-NE, NYISO and CAISO too much.
MISO Monitor David Patton reported that congestion caused by outages and under-scheduling of wind resources were causes for concern.
Greenidge Generation says it hopes to repower the Finger Lakes plant with natural gas as a merchant plant by the middle of next year.
New York has adequate resources and improved operational practices to face the upcoming winter, a NYISO official told FERC.
ISO-NE will again rely on the winter reliability program it has used for the last two winters, which gives oil generators incentives to secure fuel at the beginning of the winter.
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